Look at the chart below:
Each time the Swiss Frank was approaching the green trend line the Swiss Bank strengthened the Swiss currency. The today's big move is just a repetition of previous patterns.
Thursday, January 15, 2015
It Seems That The Swiss Central Bank Uses A Technical Analysis
Well, it is quite funny but it really looks like Swiss central bankers look at the charts and take their decisions when charts say so....
Look at the chart below:
Each time the Swiss Frank was approaching the green trend line the Swiss Bank strengthened the Swiss currency. The today's big move is just a repetition of previous patterns.
Look at the chart below:
Each time the Swiss Frank was approaching the green trend line the Swiss Bank strengthened the Swiss currency. The today's big move is just a repetition of previous patterns.
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